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Top related persons:
Matt Scanlan - 2 Silas Chou - 2 Jenny Fleiss - 2 Charnas - 2 Silas Capital - 1 Brandon Charnas - 1 Scanlan - 1 Bradstreet - 1
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Hong Kong Wall Silicon Jersey Charnas India Los Angeles New
Top related orgs:
Navy - 2 Something Navy - 2 Service - 1 Something - 1 Kind Venture - 1 Silas - 1 US Securities and Exchange Commission - 1 SEC - 1

Search resuls for: "Jenny Fleiss"


4 mentions found


☆ What happened to Something Navy: How Arielle Charnas' clothing brand went from internet sensation to defunct site in 3 years
  + stars: | 2023-07-27 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +2 min
Something Navy is an apparel brand that was created by fashion influencer Arielle Charnas in 2020. Now, the company has endured losses in sales and more than half its employees and CEO have left. The apparel brand launched by fashion influencer Arielle Charnas in 2020 has faced faltering sales, hordes of employees have left the company, and the brand has fallen behind on payments to suppliers. Currently, no merchandise is being sold through Something Navy's website, where a note says: "The Something Navy site is getting a little refresh. Something Navy, which is a private company, was valued at $100 million a year after the brand launched, the company told Insider in 2021.
Persons: Matt Scanlan, Silas Capital, Silas Chou, Jenny Fleiss, Charnas, Brandon Charnas Organizations: Navy, Service, Something, Kind Venture, Silas, US Securities and Exchange Commission, SEC, Staples, Something Navy Locations: Wall, Silicon, Hong Kong
☆ Something Navy's CEO is out as Arielle Charnas' company stops producing clothing, closes stores, and explores a sale
  + stars: | 2023-06-29 | by ( Katie Warren | ) www.businessinsider.com   time to read: +13 min
Its CEO is leaving the company, most employees have either quit or been laid off, and production of new clothing is on hold, several people told Insider. Several people told Insider last year that Charnas was furious with Scanlan for keeping her in the dark about the company's struggles. Arielle Charnas recently said on Instagram that "a lot of changes had to be made" at Something Navy. (The company's founder told Insider that Package Free finally paid them this week after dodging them for a year.) Scanlan's spokesperson told Insider that a sale of Something Navy was on the horizon.
Persons: Charnas, Matt Scanlan, Scanlan, Bradstreet, Arielle Charnas, Monica Schipper, who's, Matt, he's, Darian DiCianno, Charnas hasn't, they'd, Brandon, he'd, Eugene Gologursky, Silas Chou, Jenny Fleiss, Ivory Ella, They're, Betty Wang, cofounding Naadam, Blue, Thakoon's, Laura Cook, Michael Yeager, Elisa Giorgi, Bailey Miller, Scanlan's Organizations: Navy, Associates, Something Navy, company's, Saks Fifth, Hamptons, Naadam, Los, Nordstrom, United, Blue, & $ Locations: Jersey, Charnas, India, Hong Kong, Los Angeles, New, Newport Beach , California, Its New Jersey, stiffing
☆ Arielle Charnas' company, Something Navy, is floundering amid dwindling sales, an employee exodus, and furious suppliers
  + stars: | 2022-12-08 | by ( Katie Warren | ) www.businessinsider.com   time to read: +36 min
From the outside, it doesn't look as if Charnas' company is in trouble. Mark Sagliocco/Getty Images for Beach MagazineSeveral former employees told Insider they cut ties with Something Navy because they saw signs the company was struggling. Several current and former Something Navy employees told Insider they'd been inundated with emails since the spring from suppliers, freelancers, and models asking where their money was. In one email viewed by Insider, Scanlan told a supplier that cash was tight but promised payment was on the way. The current Something Navy employee said that based on data she'd seen, the retail locations most likely don't turn a profit.
☆ Not a good buy: Rent the Runway, exactly one-year after IPO, is down nearly 90%
  + stars: | 2022-10-27 | by ( Barbara Collins | ) www.cnbc.com   time to read: +4 min
While Rent The Runway closed its retail stores due to the pandemic, it still has a network of drop-off locations in major cities, including New York. More than 50% of clothing hanging up in someone's closet is only worn a handful of times before being discarded, according to Rent the Runway CEO Jennifer Hyman. That's why she, along with co-founder Jenny Fleiss, started the fashion rental and subscription business Rent the Runway in 2009 – a service the company has coined a "closet in the cloud." Customers can rent items for as long as they'd like and have the option to purchase any pieces they love. In its first decade of existence, Rent the Runway says it reached more than 11 million members.
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